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Reliance New Energy Solar (RNES) has invested US$ 29 million in German wafer modern technology business NexWafe's Series C funding round as it looks to develop wafer production facilities in India.

Zelestra and SJVN join forces to power India's future with a 500-MW hybrid renewable energy park, integrating wind, solar, and storage for sustainable growth.

Vision Mechatronics has delivered India's initial Hybrid Energy Storage System. The system is made up of old lithium batteries and new Tubular Gel Batteries. It can enable for approximately 18 hours to the grid.

Eleven solar suppliers have submitted bids for INR 195 billion (USD 2.36 bn/EUR 2.23 bn) in moneying under India's Production Linked Incentive (PLI) scheme focused on releasing gigawatt-scale residential production capacity for high efficiency photovoltaic or pv (PV) modules, Mercom reported on Thursday, citing sources.

Independent power producer ReNew Power has consented to go public through a merger with RMG Acquisition Company II, a United States unique objective acquisition firm (SPAC), in an offer that values the combined entity at US$ 8 billion.

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Acciona Energia powers up India's green future with its largest solar project, the 412-MWp Juna plant, boosting sustainable energy in Rajasthan.

India saw a spike in solar tender announcements in the first quarter of 2023, while auction activity went down, according to data from Mercom India Research last week.

German development bank KfW stated on Thursday that it has authorized an agreement to expand a EUR-150-million (USD 152.1 m) loan to the State Bank of India (SBI) to support the solar energy development in India.

ReNew Power as well as RackBank reveal among India's largest 'Open Access' MoU's. ReNew will certainly create, own, and operate up to 500 MW of hybrid center to power RackBank.

Indian state-owned power producer NTPC has actually launched a tender for large-scale battery storage space, simply a couple of days after the Solar Energy Corporation of India (SECI) also started a comparable solicitation process.

The new wind, solar as well as storage projects will certainly discover North America, EMEA, Asia, and Australia. Today renewable resource portfolio of Amazon currently stands at 15.7 GW from 310 renewable energy projects.

According to a brand-new report, Q1 of 2020 has been a particularly lousy installation duration for photovoltaic panels with simply 15.8 GW getting mounted.

Higher prices and also restrictions have actually stymied growth after Q2 in India. The scenario is likely to be worsened by March this year, as a lot of projects will certainly go across deadlines to either surrender allowances or cancel, if they can't build.

The moves by China to restrict access to the most recent solar production technology is squarely aimed at India, and also to an extent the United States, where efforts have actually been made to construct a domestic ecosystem.